Funding round
Wellhub Series D
Wellhub, which works in wellness membership subscription services in New York, raised $100M in a Series D round announced on 12 Jun 2019, led by SoftBank, at a $1.11B post-money valuation. 4 firms took part. It is Wellhub's fourth venture round on record; the one before was a Series C in Sep 2017.
$100M
Amount raised
$1.11B
Post-money valuation
4
Investors
1 lead
4.0x
Step-up from the Series C
$278M in Sep 2017
9.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Wellhub at $1.11B after the new money, 4.0 times the $278M of its Series C (Sep 2017). The $100M bought investors about 9.0% of the company. It came 21 months after Wellhub's Series C. It is 21% of the $482M Wellhub has raised in the venture rounds on record. Wellhub raised again 24 months later: a Series E round of $220M in Jun 2021, at $2.20B post-money.
Wellhub's funding rounds
Wellhub has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
SoftBank led the round with 3 other firms.
Lead investor
- SoftBank new investor
Also in the round
- Atomico backs 123 venture-backed companies new investor
- General Atlantic backs 134 venture-backed companies new investor
- backs 74 venture-backed companies new investor
Comparable rounds
How it compares
110 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 2.0 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Yanolja Tech Companies | 11 Jun 2019 | $180M | $1.00B | GIC and Booking Holdings |
| Tech Companies | 25 Jun 2019 | $75M | not disclosed | JP Morgan Asset Management |
| Tech Companies | 25 Jun 2019 | $70M | not disclosed | Dawn Capital and Insight Partners |
| Tech Companies | 18 Jun 2019 | $50M | not disclosed | Goldman Sachs |
| Tech Companies | 13 Jun 2019 | $50M | not disclosed | Riverwood Capital |
| Megvii Tech Companies | 8 May 2019 | $750M | $4.00B | Bank of China Group Investment |
| Tech Companies | 14 May 2019 | $410M | not disclosed | Vector Capital |
| Gusto Tech Companies | 24 Jul 2019 | $200M | $3.80B | Fidelity Management & Research and Generation Investment Management |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Wellhub raise in its Series D round?
Wellhub raised $100M in its Series D round, announced in Jun 2019.
Who led Wellhub's Series D round?
SoftBank led it, with Atomico, General Atlantic and Valor Capital Group.
What was Wellhub's valuation at the Series D round?
$1.11B post-money.
How does it compare with other Series D rounds in Tech Companies?
110 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 2.0 times the median.
Did Wellhub raise again after this round?
Yes: a Series E round in Jun 2021 of $220M at $2.20B post-money.